posted
Been taking a look at ECGI...seems oversold at the current level of $.77 and ready for a reversal. Any thoughts, feedback or input here is appreciated.
posted
I agree... .77 is a good price... but I wouldn't jump in yet. the 5 day MA... 13 day MA and the 20 day MA is spread far apart right now... I would like to see them tighten up a bit... thats when we should see that pop you were talking about. Plus it formed a Bearish Harami on March 23rd... that should mean that this is going to stay at this price for a while... or go a little lower. Thats just my 2 cents on the matter.
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posted
I trade ECGI often and agree .77 or less is a good initial entry. For those that are not aware I will mention this..... When ECGI first cracked $1. last year the TSO was 21M. Later increased to 43M and is now 75M.
IP: Logged |
quote:Originally posted by kong: I trade ECGI often and agree .77 or less is a good initial entry. For those that are not aware I will mention this..... When ECGI first cracked $1. last year the TSO was 21M. Later increased to 43M and is now 75M.
WTF, u talking about 75 million o/s? its only 21.26M as of now..
posted
Are you looking at yahoo? That information is way old. Anyone who follows this stock knows the news. Total shares outstanding-75,820,551. ECGI is a Canadian company-go to the Toronto Stock Exchange ( TSX ) for information. For confirmation try the yahoo message board and ask. Hopefully someone who knows will reply. Good luck-VIP.
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